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MSMEs must lead India’s innovation push to achieve Viksit Bharat goal, say industry leaders

June 26, 2026
Source: thehindubusinessline.com thehindubusinessline.com
News Snapshot:
India’s micro, small and medium enterprises (MSMEs) will play a decisive role in determining whether the country achieves its ambition of becoming a developed economy by 2047, with policymakers and industry leaders calling for a stronger focus on innovation, design, talent and technology adoption at the fifth edition of The Hindu businessline MSME Growth Conclave.Across discussions spanning manufacturing, electronics, skilling and entrepreneurship, a common theme emerged: India can no longer rely solely on low-cost production and must move up the value chain.Design shiftSetting the tone for the conclave, Karnataka Minister for Medical Education and Skill Development Dr Sharan Prakash Patil...
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